5 Money Skills School Didn’t Teach You

These are the 5 most important money skills to know in my opinion that school will never teach you! Enjoy :)
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Timestamps:
0:00 - A Story
0:52 - Save First Before Spending
2:46 - Spending Properly
5:00 - The P&L Statement
8:33 - Understand Your Income
10:08 - Compounding Your Money
~~
Rickie (Editor) ➭ / coldgamerick
/ humphreytalks
/ humphreytalks
/ humphreytalks
PS: I am not a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!

[@humphrey]

Basic Money Skill #6 ➡️ humpdays.substack.com

[@StudentOfTG]

Man you’ve been a real life saver for a college student like myself. Things will be easier transferring to the adulthood. Appreciate it pal.

[@humphrey]

Love it man

[@smnbrgss]

As a college student you should look into getting Fizz as an easy way to build credit with small daily purchases

[@Vhryce]

@@smnbrgss i just use two capital one cards, one for spotify and other subscriptions that may arise, and other for regular purchases. so far my credit is 710 and ive had it for a little over half a year

[@aceist]

I’ve trained myself to feel the same kind of joy I get from spending money to saving/investing money. Not instant. But it’s possible.

[@ProfessionalRageBaiter]

I just graph everything and at the first you don’t see any progress but if you keep on going you’ll see in a couple weeks you’ve gone up or down and that’s where I get my satisfaction as I can see i’m in a much better position more than I was 2 years ago and the many obstacles over the way to where I am now. Surpassing my peaks feels amazing as i’m hitting new levels of money saving

[@soapa4279]

That one stat where something like 40% of Americans can't afford a $400 emergency is pretty bad

[@louisnvrr]

My girlfriend and I just had to spend 1600 on a new water heater. And yeah it’s sucked but we’re both fortunate enough to have enough savings where we weren’t completely stressed about the money🙏

[@soapa4279]

@@louisnvrr Awesome. I'm also not a huge Dave Ramsey fan, but one of the things I agree with him is about the emergency savings. If you have an emergency fund, an actual emergency becomes an inconvenience, not an emergency.

[@cconnon1912]

Never see yourself as the 40%. Never do what others are doing. Americans are terrible about what they want. They feel like they deserve it. They want to have what they see. They eat out too much. They drink out too much. They want to believe. They want to impress.

[@jasonmelanconjm]

One thing that helped me not over spend was to have a drop fund. (Yes Retirement and Emergency savings come first) but every time I got paid I had another bank that puts $30 into that account that I can spend on anything I want worry free. But if I can’t afford it from that account then I don’t buy it

[@iestynovich]

Brilliant. But - lol - bit of a Freudian slip: '...your family or your loved ones...'

[@me0101001000]

My experience with the five: 1. Saving is very easy for me. I'm an Asian American guy, living amongst Germans. Saving is priority for pretty much everyone and everything around me. 2. I have to admit, I don't like spending money. I'm very judicious about when I buy things. I'd say I'm still trying to convince myself that it is not a bad thing to spend a little money from time to time. 3. I minored in business, and this was covered in a couple of my classes. Plus, bookkeeping just comes very naturally to me. 4. This is also pretty easy for me. I like creating Sankey Diagrams for these types of things. 5. I understand the theory, what remains is to make it a reality. Grad students aren't known for their high wages. But hopefully this will pick up by the time I graduate and I get a big boy job. :) Cheers, and have a wonderful rest of your day!

[@Sakurasan2023]

That is amazing

[@SophiaBint-wj8wn]

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

[@PhilSommer2]

That’s crazy, I’m just doing everything wrong with my portfolio.

[@philipcollen482]

Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.

[@blessingpaul5484]

The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look. My husband and I are retiring this year with over $7,000,000 in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year.

[@KatherineAnderson-lm8bw]

Patience patience patience. It's a cycle.... a sucky point in the cycle, but a cycle nonetheless.

[@Jessicatorres_768]

Please do you mind referring me to your financial analyst?

[@shanep2760]

I always loved the quote from The Office Jo: Are you turning that money into more money? Dwight: Are you referring to alchemy?

[@vancouversworstdrivers]

Money comes to money....saving and investing early is crucial!

[@ZahidTaimoor95]

*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*

[@airyowo]

I turn 24 next month and I’ve spent my 20s thus far spending recklessly, barely saving and thinking very little about my future. I started panicking a bit recently when I began to consider that my 20s are nearly halfway through and I have contributed very little to my future, retirement etc. Now I’m really focused on buckling down and I must say your videos have been an amazing source of information and motivation to get the ball rolling. I’m learning a lot from your channel and for that I thank you very much!

[@philochristos]

Everything costs more money when you consider how much it sets you back because of not having put it in an index fund. I paid $27 for a rice cooker recently. If I had put that in an index fund and waited 40 years, it would've been worth $1450. So that rice cooker really cost me $1450. I sure it hope it lasts.

[@XxChuyoxX]

This is a ridiculous way of looking at things.

[@dantu5377]

For real, would you go 40 years without coming and eating rice?😊

[@AR-ln7ln]

You can let one rice cooker go, but I'm sure there were many-many rice cookers that could have gone into ETF instead. I pissed a lot of money away and gave to "friends". Had I know that index funds exist back in a day, I would have at least given them a chance. I know now, but I'm hopelessly behind. I'm doing individual stocks to catch up and then ETFs as I retire. Knowing that $27 becomes $1450 is more powerful than going without a cooker. Use a pot. Also, you had a chance to get out at year 20 or 30 and jump on a faster horse. No horses with rice cooker.

[@Notimp0rtant523]

I have been half assing tracking my expenses. I have all my receipts and I have them sorted but I’ve never done anything with that. There’s no P&L. That’s a brilliant way of putting it, thank you so much, I’m making that change today

[@stephans1990]

For the record; 50 Cent was a bad example here since he did not lose all his assets. He was facing major lawsuits and claims, had put his assets in a shell company or trust of some sort and then declared bankruptcy to avoid the claims from the lawsuits.

[@xincheng999]

I started the P&L action two years ago and it was hands down one of the best habits I developed in life.

[@Qlorck]

Thanks for your videos, I am at the end of my studies and I’ll start working before the end of this year I will finally have a salary and money to manage, I’ll be sure to rewatch all your videos when my first wage comes in 🏋️‍♀️

[@RWAquariumPages]

great video and concepts in detail. i got really sad looking at 12:01 , i'm way past 30 now, gotta start now

[@Boblol126]

I don’t use a budgeting app but I do have purchase alerts attached to my credit card

[@lliwmany]

Very informative and unique skills, thanks Humphrey! 🙌🏻✅

[@McElvinn]

What is the best way to profit from the current market, meanwhile I'm still undecided about investing $400k in my stock portfolio to get some dvidends and minimize risk

[@AUstinnesc]

Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals

[@sheltonPston]

Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

[@McElvinn]

Pls who is this coach that guides you? I’m in dire need of one

[@sheltonPston]

My consultant is Nicole Desiree Simon She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.

[@McElvinn]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@Ender018]

YNAB has been extremely useful for P&L tracking.

[@jonathangonzalez907]

everything i am learning from you is something i wished they would haave taught me in school i feel like budgeting and finance should be a required course in high school i regret not taking sometype of financing classes in high school i regret it now but its better to start somewhere rather than not learning at all thanks for all your advice and tips you keep living good my friend you deserve it

[@Leona_17]

want to give you a compliment because of your openness. Keep go on. BTW, 57% saving quote is great.

[@humphrey]

cool!

[@matejpavelka4153]

A very nice list of financial goals, I will write it here so that someone can just copy paste it, print it and hang on the fridge: 1. Emergency Fund 2. Buing a Home 3. $100k Net Worth 4. Paid Off Student Loans 5. $100k Retirement Portfolio 6. Buying a New Car Cash 7. $1M Net Worth 8. Paid Off Mortgage 9. Financial Independence

[@sourdoughsavant22]

I'll add some more here (no particular order) 1. Max out Roth IRA each year 2. Meet 401k Match 3. Maintain 1 month buffer in checking account (automate all bills/payments) 4. Credit Score of 800+

[@matejpavelka4153]

@@sourdoughsavant22 Thanks for the addition, it's surely helpful for US audience. In EU we are not so excited about the whole credit thing, for the rest we do have similar tax free retirement savings but it varies country to country and usually isn't that beneficial either. For my country the best option seems to be holding stock for1+ year after which the sale is tax free - so a huge benefit from growth stocks. You still have to pay dividend tax though.

[@jcschoner8815]

Awesome basic personal investment and finance management! Living simple and investing smart will have happy life and retirement!

[@mikehenderson2039]

Very simple, easy to understand and apply!

[@SakuraMo1844]

Love your content! Keep it up 💯

[@inchuywetrust579]

this video really opened my eyes on what type of spender I am. I appreciate you holding me accountable and dropping these gems!

[@Harshaznintent]

this video is really super concise. i love it

[@GreenWaifu]

Great video! This is a fantastic reminder of the fundamental principles that can lead to financial success. The importance of saving, understanding compound interest, and embracing long-term investing is invaluable advice for individuals of all ages, including young adults like myself. Had I known about these immediately after graduating college, I would have been well above the rest of my peers and coworkers. I hope that your younger audiences can find these videos before it's too late and so they can really set themselves up for success without putting much effort later on in their life.

[@user-bp3lj6fv2m]

I am going into the Insurance game, I am hopeful I learn quickly and later on learn to be a financial advisor, and obviously i want to start youtube teaching finance

[@keltutor9995]

Thank you!

[@thomashuang8401]

Reached the 100k invested mile stone and really seeing the ball rolling on my stock portfolio now

[@CaedenV]

It really is funny how numbers change the psychology of the situation! My wife and I started on our financial goals 15 years ago, and the rough math was saying we needed around $1.5-2.5M to retire. But the 10 years leading up to that only saw us losing net worth, not gaining anything! Forget about millions of dollars of fantasy money, just stopping the bleeding was an impossible task! But 8 years later we got back up to net $0 again. 5 years later we were debt free except the house and $50k positive! Another 3 years and we will have hit $100k in a few months (provided stocks don't tank this fall). But it is kinda funny from an objective point of view. I mean, $2M is the goal, and it has taken us 15 years to hit 5% of the goal. If money was linear, then this would mean that we would hit 20% of the goal by retirement and be absolutely doomed to a life of poverty. But instead, that first $100k feels pretty great! Money isn't linier, and it hasn't been 15 years to get to $100k. It has been 15 years to break bad habits, build new habits, educate myself on finances and investing, retrain for a better paying career path, and dig ourselves out of a hole... And then save $100k on top of all of that! It may be a mere 5% of the goal, but it has very likely been 75% of the hard work done! Even if we just maintain course we will hit our goal without too much issue in the next 25 years. But our incomes will likely increase, and we will continue to learn, and compounding will work in our favor, so I'm actually expecting to hit goal 5 years early. Then we can enjoy a nice leasurely partial retirement I the years leading up to real retirement. Lots of effort, especially to just get moving in the right direction. But that first $100k makes you feel like you have hit a real milestone!

[@thomashuang8401]

@@CaedenV yep and I’m 26 and single so I got a advantage just learning to balance life and investing

[@elijahcleveland1112]

Curious what do u do for work?

[@hardlife507]

@5:26 Sounds like Rickets the TD Ameritrade founder. The P/L reference also makes me think that.

[@LungaMasilela]

Personally I use to think that teaching kids how to manage money in school is a good thing but then I realised that it wouldn’t really make a difference. First how sure are you that high school kids will take this seriously,I mean most adults forget most of the things they were taught in school. Secondly these kids after leaving school and are going into a highly consumer society,companies will use every trick to manipulate them into spending money on things they don’t need. Third you can’t realistically expect a young person to care about money management,they are young they are enjoying their lives by spending cash to buy products to impress and to boost their self esteem. But great video highly appreciate!

[@robertojulianto9748]

Is 3x of expense still relevant as an emergency fund? Especially on post-pandemic

[@Nemo222m]

I enjoy how relaxing the content you make is. Great to listen to while writing code.

[@humphrey]

Happy to hear that!

[@Bleseddd1]

What are your thoughts on certifications I’m trying my hardest not to go to college

[@humphrey]

Yeah if you aren’t going to college I like the idea of getting certifications to increase skills and income

[@cashflow68]

My brother in law is a lawyer. His salary is 5 times bigger than mine but my cash flow is 5x greater than his. I only have a 2yr college degree but started investing for the last 35 years.

[@soapa4279]

Lifestyle creep catch up to him? I'm assuming fancy car(s), house, etc.

[@cashflow68]

@@soapa4279 absolutely an electric Mercedes & a Porsche. Nice upper floor condominium.

[@soapa4279]

@@cashflow68 oh wow yup very common. I had a friend she was a lawyer and made double my income, but she was pretty much check to check. Fancy cars, $2M home, you name it. In any case I'm with you, working on my investments and I only have a 2 year degree.

[@cashflow68]

@@soapa4279 book smart but not street smart.

[@marklechadores5574]

Being an employee in a well-established company is a better choice since most entrepreneurs have no clue about overhead costs.

[@raedhz]

Great video. Do you have a software recommendation that looks backwards and forward that integrates with one's bank and credit cards statements to auto categorize the personal P&L and forecast future spends based on previous purchase behaviors?

[@humphrey]

I don’t. But perhaps I should build one 🤔🤔 the best thing to do is maybe try an aggregator software like Mint and filter by month?

[@raedhz]

@@humphrey sounds like a good idea.

[@volleyskate]

I use Mint and it's definitely good with tracking historical/ current spending, but not future forecasts. Overall I like it, especially considering it's free.

[@MrMezo47]

Is 9 to 6 a new norm?

[@Architek79]

Great video!!

[@frankchen787]

I really enjoy your videos and personal finance KZbinrs in general, however there is one thing that has always bothered me and I’m hoping someone can shed some light. Everyone always talks about the importance of saving for retirement/investing early so you can take advantage of the power of compounding interest. However, retirement accounts whether that’s a 401K or IRA are investment based NOT savings based. Stocks don’t payout interest. They simply change in value over time. Unless you simply stick cash in a HYSA (which no one would recommend for retirement), compounding interest does not apply. Am I missing something here?

[@pdg1877]

I use Money Pro app.

[@agM-ql5gi]

You don’t need any third party app to track your money (and steal your data) for you. Use your banking apps for this purpose. IT IS REALLY IMPORTANT TO KNOW YOUR SPENDING AND INCOME NUMBERS ✌️

[@macrosales4438]

I’m gonna retire at 52 with half 1 million my question to you and I doing good or should I have been with more money? This is a question to ask myself am I saving enough should I have more?

[@marshalepage5330]

This is why I worked a lot when I was in my 20s and stopped working at 27, because I calculated that the returns weren't going to be as good any more.

[@marshalepage5330]

I saved every sent I earned, and did, and still do, live within only my husband's income. Now that we are in our 40s the compounding interest just won't be as large as when we were younger. This means if I am to work then the job would have to be higher paying to be worth while. I would have to change careers for it to be worth my time.

[@MrPookiexL3oi]

I use Mint to track my P & L along with my Savings, Investments and Monthly budgets but I haven't tried to transfer it to a spreadsheet. Can Mint transfer over to a spreadsheet? Has anyone done it? If you have done it please show me how. Thanks in advance

[@jeremyspicher6408]

My mentality: there is the total amount of money i MAKE and SPEND in my life. Thats it. Then every decition i make, i ask: Does this maximizes what i make? Does this minimize what i spend? If neither, is the loss essential/necessary?

[@phillipkay17]

Can someone send me a link for Spending Tracker?

[@CaedenV]

That last point is the best. The person who starts out well, even if life derails them, can still end up way ahead. The Money Guy show has their wealth multiplier by age, showing that, on average (and they use relatively conservative averages), every dollar invested at age 20 turns into $88 by retirement. By age 40 it has already dropped off to $7.5 for every dollar invested. But the point is that it doesn't stop! It still trends down to $0 by retirement, and still worth putting away more at a 7.5x increase at 40, rather than trying to save all your money for a 1x flat increase at 60. But this is still a misnomer. Sure, the multiplier by age 65 has dropped to 7.5x what I contribute... But if I have $2M saved for retirement at age 65 (which is the lower goal), I'm not likely to pull the whole thing out right then and there into assets that merely track inflation. No! I'm going to take out a years worth of living expenses in cash equivilant to live on, 3-5 years worth of expenses in something safe and inflation tracking, and keep the rest invested so it can keep growing. Some of what I put in now at age 40 may still have another 40-50 years to compound instead of just 25 years. I may not get the full 88x of a 20 year old, but it is likely to be a lot more than 7.5x by the time I use it. It is still extremely expensive to spend instead of save at this stage in life. Because of all of this, my plan is to offer my kids a deal. After they graduate high school, if they work full time (40+ hours a week) instead of going to college, and live on 10% of their income while saving the rest, then we will not only not charge them for rent or food, but will also match what they pay in taxes towards contributing to something they want or need (car, retirement, college savings, etc). The idea being that even if they are only making some $30k/yr, if they are saving $27k/yr that first few years, then that $135k, if left alone, would grow to $11M by retirement. They won't need to save another penny the rest of their lives, and they would still be set up to be massively successful well beyond what a college degree could provide over that 5 year period. I would also hope that they choose to pursue college and a career as well... But doing it because they want to do something they love instead of doing it because they have to... That would be a very different experience than my adult life has been lol.

[@lizardmilk]

I think it kinda is a measure of how smart you are.

[@michaelsharman7176]

There are / where software program such as Microsoft Money and intuit Quicken that are easy to track your accounts / budgeting / net value and stocks. There may be others today as I’m talking a few years back now. I use Quicken from around 2000. It’s brilliant for running all your bank accounts and credit cards. All you need to do is keep all your receipts / payments and add them into the program weekly. When I started using it there was a massive ah ha …..

[@humphrey]

A quicken OG!

[@michaelsharman7176]

I would however say Quicken lost its way recently and became a bag of ****

[@lila2986]

A lot of times more expensive item will work/be used longer than cheaper option and save more money in a long run. The same t-shirt I used for at least several years as opposed to just 1,5 year cheaper one. Saved money this way? Sure.

[@MarkGrimm8]

Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@willmallory9085]

Excellent video Brother

[@humphrey]

Thanks for watching

[@finleyweeks]

I’m 14 living in the uk looking to make some money. I don’t get pocket money as it goes to my Xbox gamepass, I need around £453 to buy a pc that can sell for sound £550 and with that profit save it and resell the pc till I have around £1200 for my own pc and set up but I can’t find any ways to make this stating £453 all I have atm is £20 and that’s from the last 5 months of random money

[@potatodiggs9602]

50 Cent had a boxing promotion. That contributed heavily to the losses

[@djryan8944]

Tracking small purchases for someone making as much as you is a waste of time unless you are spending frivolously (seriously doubt it). Spend the time making more money.

[@starr8111]

5:20

[@royalgilpin4922]

Saving is definitely a good idea. That being said, our money is being consistently devalued. Year over year we're losing almost 10%. Don't save too much, it'll go right down the drain. EDIT: I lied it's actually closer to 15% now.

[@CaedenV]

I don't think any finance person on the planet would consider cash to be "savings". Or rather, only a portion of what they consider to be savings. You do need an emergency fund of 3-6 months of minimum expenses which should be in liquid cash or cash equivilants, and maybe a little more if you are saving up for a major purchase like a car or house. But outside of that, when finance people talk about savings, they expect it to at least be invested in CDs or bonds or something. And if it isn't going to be touched for a long time (5+ years), then they generally mean stocks. Yes, keep cash savings to a reasonable minimum, but you are new to finance if you think he is referring to purely cash savings. But the bigger head turn is saying that cash is losing 10-15% in value every year... That is a pretty insane belief man. I mean sure, over the last year Tesla and nvidia stock has ripped up to crazy highs, so the usd has technically lost some 50%+ in value compared to the stock... But that just isn't how you measure cash value. If you really want to measure the devaluation of the dollar, then you measure against other currencies. And there have been some crazy currency valuations over the last 3-4 years, so I am sure there is some metric out there showing the dollar to be losing 15% of value compared to some basket of currency or another. But that metric is going to be so volitile that it becomes useless to use as an individual, because you wait 6mo to a year and all the sudden it will be up 20% instead of down 20%. The best approximation for the loss of dollar value generally is inflation. And actual real-time inflation is somewhere around 2-2.5%, which is far lower than even the government figures of 3%. But more importantly, the loss of value is greatly dependant on what you are purchasing with that cash. If you already have a house and car, and your purchases are more real time, then you are likely seeing deflation right now in your personal budget instead of inflation. In other words, holding literal cash right now holds more value than buying most items because they are getting cheaper at the moment. A lot of our food budget is eggs, and oh man... The relief right now is pretty great, because that was rediculous for a whole there! I'm also in the market to replace a few hard drives soon, and am happy to see that the drives I buy are less than half the price they were a year ago! Holding cash to delay the purchase of many items is saving money right now as many sectors are deflating instead of inflating. But financing is also a part of your personal inflation. If you refinanced a house a little over a year ago, then you were pegging a large portion of your personal inflation at 2.5-3% in the interest you are paying. If you bought something on a credit card with a 20% apr, then you are effectively saying that you are accepting a 20% rate of inflation on the portion you carry as your balance. And what drove a lot of our inflation the last couple years were cash out home refinances. If it costs 3% to expand your mortgage, but goods are expected to inflate at 8%, then it is reasonable to take the 3% hit and buy things before they get 8%+ more expensive... And when millions of people do that at the same time, combined with supply chain shortages, then yeah... The high inflation we saw was high, but pretty reasonable. But the money was spent and is being paid down, and new loans cost a lot more, and supply chains are recovering, so inflation is also calming down. I dunno man... The idea that your cash today is losing 15%, especially anywhere in the US and Europe, or even Cina and India... You are reading some really messed up statistics. Time to get some news sources that are a bit more down to earth and less doom and gloom.

[@royalgilpin4922]

@@CaedenV the government is way underestimating inflation. Not sure where you're getting that. The government has an incentive to underestimate inflation. Just go to the grocery store. Staple products are up 50% in some places. I understand there are other factors that contribute, of course. That being said, the money supply has increased by up to 40% since 2020, and that's not including what major banks have been borrowing since the reserve limit was lifted. Not to mention bailouts for recent major bank failures.

[@royalgilpin4922]

@@CaedenV They're also allowing people with lower credit scores to get lower interest loans, which will have the same effect as the sub-prime mortgage fiasco in '07 when they inevitably increase the interest rates.

[@InfinityDz]

12:12 is when you start crying (I'm 36 and haven't invested a single dollar in my lifetime).

[@roxxylala26]

Don't forget GOVERNMENTS don't know how to budget either.

[@mdalalsorkar8051]

About 5% of my portfolio is in uranium stocks, any suggestions for any other stocks that would allow me to increase my $200,000 capitalization to $500,000?

[@AllenTatum-rs2nd]

You should know that it is both easy and difficult to make this much profit. I say "easy" because it's very possible to make that much, and "difficult" because you need professional help to do it, and I suggest you get help from somebody.

[@Martin-Combs123]

@@AllenTatum-rs2nd That's absolutely right, but to what extent can a financial advisor improve your profits? What is it like to use an advisor?

[@AllenTatum-rs2nd]

@@Martin-Combs123 I don't want to give too much away, but yes, I have been consulting with an advisor and through his guidance, I have been able to make a portfolio that is about 30K$ per month, it's very simple and not as complicated as it used to be!

[@AllenTatum-rs2nd]

@@Jack-smith991 Well I will put his info below this comment. You go to look up his name and you will see all you need to know about him Daniel Price CFA

[@Martin-Combs123]

@@AllenTatum-rs2nd Thanks for pointing him out. It was easy to find him and he seems very skilled and flexible. I have a meeting scheduled with him.

[@Sakurasan2023]

Great video 🎉🎉

[@humphrey]

Thank you!!

[@Sakurasan2023]

@@humphrey you're welcome

[@christinab9133]

❤❤❤

[@Ghettochild.2600]

I’ve never spent money to impress someone else. That just sounds dumb to me. If I spend money it’s because I wanted something that I can enjoy.

[@BA-ji1zh]

Sometimes a 100.00 sweater lasts longer than a 10.00 sweater too. Always think about the longterm with your purchases!

[@NBKOUTO]

O God it's too late for me 😮

[@ambercarter5982]

It’s never too late

[@FCocomilano2019]

from RYAN

[@justinelliott2000]

RJ been really quiet

[@prizmik]

as 32 year old the ending of this video was painful to watch.

[@michaellee7841]

Meh all these videos do not matter if your not making enough money.

[@TheTurdballs420]

Money management is obviously not important which is why schools don’t teach it. It’s way more important to make sure you learn all the pronouns!

[@Nick_Nightingale]

Of course! You know there are 55+ genders.

[@UmarKhaleeq]

Thanks for taking your time to create this video! I appreciate a the information I learned today, thank you

[@JeffEpp-nh8dy]

I’m literally an accountant, and I still have trouble saving. It’s so hard

[@CasualFactz]

This is inaccurate. 50 cents bankruptcy was intentional.

[@luketh98]

Can you talk about yotta. I have heard this a bunch lately and am curious how legit this is.

[@maxangeles6279]

you haven't lived real life yet. real life is fraught with unexpected expenses. try to save a million dollars? not likely until you are very old.

[@lauragomezllanos2916]

Great video!